Mahindra_Renault_Limited
Mahindra Renault Limited was a joint venture between India's largest utility vehicle manufacturer Mahindra & Mahindra Limited & Renault S.A. of France (51% & 49% respectively). The joint venture was formed in 2007. On 15 April 2010 Mahindra & Mahindra and Renault together announced restructuring plans by which Mahindra would buy Renault's share in the joint venture[1] and Renault would continue to provide the support for M&M through license agreement and continue to be supplier of key components.